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flag Oregon will issue a 9.86% tax credit to 2024 filers due to a $1.41B revenue surplus.

flag Oregon taxpayers will receive a tax credit called a "kicker" on their 2025 state income tax returns, filed in 2026, due to a $1.41 billion revenue surplus. flag The credit, equal to about 9.86% of each taxpayer’s 2024 state personal income tax liability, will reduce what’s owed or increase refunds. flag Eligibility requires filing taxes for both 2024 and 2025. flag The credit is not issued as a direct cash payment. flag Taxpayers can estimate their credit using the Oregon Department of Revenue’s online calculator. flag The kicker is triggered when state revenues exceed projections by at least 2%, which occurred due to stronger-than-expected tax collections in 2024. flag The amount varies by individual income and tax liability. flag More information is available at oregon.gov/dor.

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